Philanthropy Impact, a charity and membership organisation, has warned against clients receiving advice from banks when it comes to donating their money.

Last week Sue Daniels, executive director of the Philanthropy Impact, said: "I think a lot of philanthropists could benefit from not going to their bank to get advice."

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She added that while some banks provide ‘very good advice’ others have ‘a lot to learn’.

Her remarks will come as a surprise to the industry. The organisation has over 150 members including C Hoare & Co, Blackrock, JP Morgan and UBS. Paul Knox, managing director at JP Morgan serves as deputy chairman.

Daniels believes that a bank’s sole purpose is to ‘sell a product’ and preserve wealth, not to advise in philanthropy.

"To understand philanthropy and to do it very well there are lots of questions you have to find out and ask about beforehand," Daniels said.

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Daniels has 25 years international senior executive and management consulting experience across both the corporate and charitable sectors. Her work is focused on governance, strategy, marketing and development.

With a growing interest in philanthropy in recent years, clients have fled to their banks seeking advice on how to give.

The Coutts Million Dollar Donors Report found that in 2012, 1,955 million dollar donations worth a total of $19.04bn were given globally.

With Banks such as Coutts having one of the largest and most successful philanthropy platforms in the private banking industry, clients are able to strategise a giving plan that is suitable for them.

Philanthropy Impact is a membership organisation, created in December 2012, following the merger of the European association of philanthropy and giving.